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Barchart
Barchart
Rich Asplund

Crude Slightly Lower on Dollar Strength

June WTI crude oil (CLM24) this morning is down -0.05 (-0.06%), and June RBOB gasoline (RBM24) is down -2.35 (-0.91%).

Crude oil and gasoline today shed an early advance and are slightly lower.  A stronger dollar today is weighing on energy prices.  Losses in crude are limited by today's rally in stocks, which shows confidence in the economic outlook that supports energy demand.

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